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Small Business Employee Benefits and HR Blog

Americans are More Willing to Pay Medical Expenses Out of Their Own Pocket

americans out of pocket medicalMedia and politics suggest most Americans are not willing to pay for their medical expenses out of pocket. However, McKinsey research suggests that approximately 74% of insured Americans would pay expenses of up to $1,000 a year. The report also found that a lack of financing options and basic confusion are the main cause of late and failed payments.

Click here to read the full report.